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20/12/2017 09:00 AST
Amiantit signed a share purchase agreement with the Deccan Enterprises Ltd. (India) whereby Amiantit acquires from Deccan the minority shares of Amiantit Rubber Industries Co. Ltd. (ARIL) which operates in the rubber manufacturing industry. Amiantit is purchasing 20% of the shares of ARIL, thereby becoming the sole shareholder of this company, for a total consideration of SAR 1,800,000. The agreed effective date of the transaction is December 31, 2017. Since the consideration paid is lower than the book value of the shares purchased, the expected financial impact of the deal is a net increase in the Group's total shareholders' equity of about SAR 700,000. The deal is self-financed, and Amiantit will pay the agreed consideration amount upon finalization of required legal formalities.
Tadawul
02/01/2018
Amiantit announces that the elected Board of Directors has appointed on 1-1-2018 HH Prince Ahmad Bin Khaled Bin Abdallah Bin AbdulRahman Al Saud as Chairman and HRH Prince Abdulaziz Bin Mohammad Bin
Tadawul
17/09/2017
Saudi Arabian Amiantit Company announces the resignation of H.R.H Prince Turki bin Mohammad bin Fahd bin Abdulaziz Al-Saud as board member and Deputy Chairman (Non-Executive), H.R.H submitted his res
Tadawul
16/03/2015
Saudi Arabian Amiantit Co. announces that it's Ordinary general assembly meeting was not convened due to lack of quorum, which was scheduled to be held on 15-03-2015 Company's head office at the 1st
Tadawul
| Ticker | Price | Volume |
|---|---|---|
| EMIRATES | 58.80 | 0 |
| JAZADCO | 13.40 | 253,503 |
| TRAFCO | 0.29 | 0 |
| OMVS | 0.33 | 3,105 |
| KHALEEJI | 0.08 | 140,793 |
| ANAAMHOLDING | 1.25 | 14,471,369 |
| SAUDIKAYAN | 6.74 | 2,338,843 |
| Ticker | Price | Change |
|---|---|---|
| RIYADHCABLES | 142.80 | 0.40 (0.28 |
| ASTRAINDUSTRIAL | 188.00 | 0.40 (0.21 |
| OBEIKANGLASS | 47.20 | 0.75 (1.61 |
| RAOOM | 137.40 | -2.20 (-1.58 |
| SAUDICERAMICS | 35.10 | 0.00 (0.00 |
14/09/2024
RIYADH: Saudi master developer Emaar The Economic City's SR8.7 billion ($2.32 billion) capital optimization plan is a "strategic response" to its current financial challenges, according to its CEO. <
Saudi Gazette
12/09/2024
Saudi wheat flour producer Arabian Mills for Food Products Co. has set its final initial public offering price at SR66 ($17.59) per share on the Tadawul main market. During the book-building proces
Arab News
04/05/2018
SABIC announced the successful completion of the pilot operation of the Methyl Methacrylate Monomer (MMA) and Poly Methyl Methacrylate (PMMA) plants and the commencement of commercial operations.
Saudi Gazette
05/04/2018
Standard & Poor's (S&P) has affirmed QIB's Issuer Credit Rating at A-, Qatar's leading Islamic bank has said in a release. According to S&P, the major contributing factors strengthening QIB's rating
Gulf Times
05/04/2018
Qatar National Bank (QNB) aims to increase its profit by 5-8 percent this year and loans and investments by 10-12 percent, helped by expansion into faster-growing Southeast Asia markets, its CEO told
The Peninsula
Financial Information Co.
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